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May 1, 2025

BY Laura Wente

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Coalition submits priorities to Treasury for 2026 priority guidance plan

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By Carbon Capture Coalition

a day ago

Policy & Regulation 

The Carbon Capture Coalition has submitted recommendations to the U.S. Department of the Treasury and the Internal Revenue Service for inclusion in the 2026-2027 Priority Guidance Plan, urging action on Section 45Q tax credit guidance and other carbon management policies amid uncertainty surrounding the future of the Environmental Protection Agency’s greenhouse gas reporting program.

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Deep Sky and TD Bank Group have signed a 10-year agreement under which TD will purchase more than 18,000 verified direct air capture carbon dioxide removal credits. The agreement supports the development of permanent carbon removal infrastructure in Canada and provides TD with Canadian-produced carbon removal credits over the next decade.

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Mazda successfully demonstrated onboard CO₂ capture and storage during the Super Taikyu Series 2026, capturing 804 grams of CO₂ over a 24-hour race. The achievement marks a significant step toward practical application of the technology and Mazda’s goal of realizing carbon-negative mobility by 2035.

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Climate Vault Solutions has added Cowboy Clean Fuels’ Triangle Unit project in Wyoming to its vetted carbon removal portfolio. The biomass-based project is the first of its kind approved by Climate Vault’s independent expert panel and will supply carbon removal credits through Climate Vault Solutions’ procurement platform.

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Brazil’s regulatory framework for carbon capture, utilization and storage is emerging as a critical component of the country’s strategy to decarbonize heavy industry. As global emissions continue to rise and natural sequestration processes prove insufficient, Brazil is developing a policy and regulatory approach aimed at addressing emissions from hard-to-abate sectors while maintaining industrial competitiveness.

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